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Use the Process Payroll EFT Payments window to create a pay file that can be interpreted by banks to electronically transfer funds from your organisation's bank account to individual payroll members' accounts.
After processing, a preview of the Bank Deposit Slip is displayed. You can double check EFT payments, then either:

  • choose to print a hard copy of the slip
  • close the window and make alterations to your pay.

 

Expand
titleOpening the Process Payroll EFT Payments window

To open the Process Payroll EFT Payments window:

  1. Select Module > Payroll > Process EFT Payments from the main menu.
  2. The Process Payroll EFT Payments window is displayed.
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Field

Description

Bank Account

Change the bank account if required.
The default is the bank account you selected when you created the posting.

Process Date

Override the default processing date, if required.
This is the way you elect to actually transfer the money on a different date to the date you process the pay. In other words, this is the date on the EFT file.

Create Auto Pay File

Clear Create Auto Pay File if you want to process the payroll without creating the ABA (Australian Banking Association) or other defined bank format file.
In cases where something goes wrong with the payroll processing notifications, you can turn off automatic payment to only reprocess the notifications.

Create Balancing Entry

This is the credit entry of the entire amount of the EFT payment.

Copy to directory

Override the system directory that you last copied the ABA file to.

Group Tax area fields

Field

Description

Include Group Tax Payment in Auto Pay File

This allows you to process the tax payments to the ATO at the same time as you process the EFT payment.

A.T.O. Lodgement Reference

The Australian Taxation Office lodgement reference number. Required if you have selected Include Group Tax Payment in Auto Pay File.

Amount to Pay

Amount of group tax to pay. Required if you have selected Include Group Tax Payment in Auto Pay File.

Buttons

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Button

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Description

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To process EFT payments:

  1. Open the Finalise Payroll window. See Finalising payroll.
    The Finalise Payroll window is displayed.
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    Note: You cannot process EFT payments if the nett pay is zero. Nett pay is defined using the Nett Pay field of the Summary tab of Current Pay Maintenance. See Current Pay Maintenance - Summary tab.

  2. Click Image Added.
    The Process Payroll EFT Payments window is displayed.
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  3. Select fields in the Selections area as required.

    Note: For information about the fields and buttons of the Process Payroll EFT Payments window, see Process Payroll EFT Payments window.

  4. Click Image Added.
    The Confirm window is displayed.
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  5. Click Image Added.
    The Information window is displayed.
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  6. Click Image Added.
    The Payroll Bank Deposit Slip report is displayed.
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  7. Click Image Added.
    The Print window is displayed.
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  8. Adjust printer settings as necessary.
  9. Click Image Added.
  10. Close the Payroll Bank Deposit Slip window.
    Processing EFT payments is complete.

    • Image Added is displayed next to the Image Added button.

You can continue the payroll finalisation process by either: